U.S. state attorneys general reportedly have launched a multistate investigation into a breach in which crooks allegedly gained access to some 200 million Social Security numbers via a unit of credit bureau Experian PLC. Among the states conducting the investigation include Illinois and Connecticut, according...
Trustmark National Bank and Green Bank N.A. have dropped their lawsuit against Target and its security assessor, Trustwave Holdings Inc. The two banks filed suit last week following the theft of 40 million credit-and debit-card numbers during massive 2013 security breach at the retailer. The...
Deep within an bunker in what is reportedly “at the base of a volcano in a secure location,” Edward Snowden ruined the Robert Nozick Society’s annual Hero’s of Liberty dinner with his unexpected announcement that the National Security Agency had in fact invented bitcoin as...
During a Senate Commerce, Science and Transportation Committee hearing last week, U.S. Sen. John Rockefeller (D-W.Va.) questioned Target's chief financial officer, John Mulligan, about the preventative measures the company could have taken to prevent last winter’s data breach.
Jumio’ new Bitcoin-related security system sounds like it came out of a science fiction novel. Under its innocuous name, Bison (Bitcoin Identity Security Open Network), the system aims to instill greater trust and confidence in a virtual currency ecosystem beset with security headaches, according to...
In her commentary column in the March 24 PYMNTS newsletter, Market Platform Dynamics’ CEO Karen Webster asked whether now is the time to hit the pause button on EMV. She’s not alone in sharing that view, as more payments-industry insiders are wondering whether the push for...
In the latest of the string of data breaches that have accompanied the beginning of 2014, the California Department of Motor Vehicles (DMV) has reportedly been the latest target of cyber-criminals. “The Department of Motor Vehicles has been alerted by law enforcement authorities to a...
Richard Clarke's assessment of the state of cybercrime in the U.S. started quite the conversation at The Innovation Project. So much of one, that it got MPD CEO Karen Webster to thinking about EMV's future as a "must-have" security protocol for card fraud. She's come...
Hackers seems to be taking a break (OK, we know they’re not). But there were no major merchant data breaches to report again this week. Perhaps the plenty of activity around creating and introducing defense mechanisms is having an affect.
